Apple dropped 3% in stock price due to concerns about weak demand for iPhone 16.

September 17, 2024, 4:19 AM GMT+9 (excerpt).

In the trading on the 16th, Apple's stock price fell by about 3%. Some analysts' concerns about weaker-than-expected demand for the new smartphone, iPhone 16, are causing pessimism. The shorter "waiting time" from order to delivery is the background.
On the 9th of this month, Apple announced the release of the iPhone 16 series, which is compatible with their self-developed AI function, "Apple Intelligence". Pre-orders will begin on the 13th and sales will start on the 20th. However, the use of AI services will be available from October onwards.